Transfer and Assignment Restrictions. 7.1 You agree not to sell, resell, assign, lease, sub-license, encumber or otherwise transfer your interest in this Agreement or in the Product Software and/or Documentation, in whole or in part, or allow any other person or entity, including any of your parent or subsidiaries or other subsidiaries of your parent, to copy, distribute, or otherwise transfer the Product Software without the prior written consent of Eaton.
7.2 You may transfer the Product Software directly to a third party only in connection with the sale of the Eaton product in which it is installed or to which the Product Software pertains as described by Eaton in the Documentation. In the event of such a sale, you may not keep any copies of the Product Software or any portion thereof and you undertake to ensure the third party to whom you transfer the Product Software is made aware of, agrees to and complies with all of the provisions of this Agreement. Any transfer of the Product Software is deemed to be a transfer with the sale of the Eaton product and is subject to the provisions of this Agreement.
Transfer and Assignment Restrictions. Licensee will not sell, resell, assign, lease, sublicense, encumber, or otherwise transfer its interest in this Agreement or in the Software, or the Documentation in whole or in part, or allow any other person or entity, including any parent or subsidiary of Licensee or other subsidiary of Licensee's parent, to copy, distribute, or otherwise transfer the Software without the prior written consent of Eaton. Licensee may transfer the Software directly to a third party only in connection with the sale of the Eaton product in which it is installed or to which the Software pertains as described by Eaton in the Documentation. In the event of such a sale, Licensee may not keep any copies of the Software or any portion thereof and will require the third party to confirm having received this XXXX and agree to all the terms herein.
Transfer and Assignment Restrictions. This Note shall not be transferable or otherwise assignable unless such transferee or assignee is an “accredited investor” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended. Prior to any proposed transfer or assignment, the Holder shall provide the Company with reasonable evidence of the accredited investor status of such transferee or assignee. Any purported transfer or assignment of the Note which does not comply with the terms of this provisions shall be null and void and of no legal effect.
Transfer and Assignment Restrictions. The Client is prohibited from assigning or transferring any rights or obligations under this Agreement to a third party without obtaining prior written consent from TradeSmart. Any attempt to do so without this consent will render the assignment or transfer null and void. Conversely, TradeSmart retains the right to freely assign this Agreement.
Transfer and Assignment Restrictions. The Option is not transferable except upon death, in which case your will or, in the absence of a will, the laws of descent and distribution, shall apply. Further, only you may exercise the Option during your lifetime. More particularly, except for transfers upon death, the Option may not be assigned, transferred, pledged or hypothecated in any way (whether by operation of law or otherwise), and shall not be subject to execution, attachment, or similar process. Any attempted assignment, transfer, pledge, hypothecation, or other disposition of the Option contrary to these provisions, and the levy of any attachment or similar process upon the Option, will be null and void and without effect. If, at the time you exercise a stock option award, you are in an officer position that requires a 50% hold, you will be required to hold 50% of the after tax value of the exercise in Maytag stock for a period of one year.
Transfer and Assignment Restrictions. LICENSEE will not transfer or assign this Agreement or any of LICENSEE’s rights or obligations under this Agreement, in whole or in part, without the prior written consent of INTIGUA. INTIGUA may freely transfer and assign this Agreement or any of its rights and obligations herein.
Transfer and Assignment Restrictions. 6.1 The Software and Documentation are licensed for use by the Licensee only. Licensee may not transfer, sublicense, rent, lease, sell, loan or assign the Software or any part thereof, or any of its rights or duties under this Agreement to any third party without the prior written agreement of LICENSOR.
Transfer and Assignment Restrictions. You are prohibited from transferring or assigning your rights to, or granting a security interest in, the Account without our prior written consent. You agree to indemnify us for and defend and hold us harmless from and against all claims, losses, liabilities and expenses incurred by us if you transfer, assign or grant a security interest in the Account (whether or not we consented to such security interest). Any assignment or pledge of the Account is subject to our prior security interest and right of set-off.
Transfer and Assignment Restrictions. 13 .1 Limitations on Transfer or Assignment of Agreement, the Project and Interest in Property.
Transfer and Assignment Restrictions. Licensee shall not have the right to assign its rights and privileges under this License or to otherwise transfer such rights and privileges in any manner whatsoever without the prior written approval by an ordinance enacted by the City, subject to the following exceptions:
11.1.1 no such approval shall be required in connection with a merger, consolidation, division or reorganization of Licensee that has been approved by any applicable Competent Authorities, whose approval is required therefor under applicable law;
11.1.2 no such approval shall be required in connection with any transfer of the Utility Facilities and this License to an affiliate, as defined by 220 ILCS 5/7-101(2)(ii) and 42 USCS § 16451, of Licensee; and
11.1.3 the purchaser of the Utility Facilities at a judicial sale foreclosing the lien of, or at any execution sale consequent upon default and judgment under any present or future mortgage, deed of trust or other indenture providing for the issuance of the Licensee’s long- term debt, shall succeed to the rights and license of the Licensee, but subject to all terms and provisions hereof.
11.1.4 Notwithstanding the foregoing Paragraphs 11.1.1, 11.1.2, and 11.1.3, Licensee shall not assign its rights and privileges under this License or otherwise transfer such rights and privileges if such assignment or transfer would result in a breach of this License or would impair the ability of the assignee or transferee to meet its obligations under this License.